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19 October 2010

OMV Petrom's electric power plant will start production at the end of 2011 and is currently being built in Brazi, according to the European Bank for Reconstruction and Development (EBRD). The power plant in Brazi, north of Bucharest, will feature a gas turbine. When finalized, the power plant will provide up to 9 percent of the electricity produced in Romania.

19 October 2010

*Govt. proposes 12% flat tax and salary contribution to 41%. Is a budget possible on this data? - in Ziarul Financiar
*Will PSD and PNL manage to dismiss the Govt. under the pressure of the masses? - in Ziarul Financiar
*Titan invests EUR 15 mln in factory to produce hamburger rolls - in Ziarul Financiar
*Medcenter to put EUR 7 mln in Bucharest analysis lab - in Ziarul Financiar

18 October 2010

The Social Democratic Party (PSD) members of the Romanian Parliament, along with the Conservative Party (PC) Alliance (in opposition), and the National Liberal Party (PNL - in opposition) submitted the motion of no-confidence against the Boc Government. The document is named 'The No-Confidence Motion of Majority Romania, People's Motion.'

18 October 2010

European Commission President Jose Manuel Barosso (in picture) will arrive in Romanian capital Bucharest, on November 8, to attend the third summit on the Danube Strategy. Barosso will attend, along with officials in fourteen Danube countries, the last summit on the EU Strategy for the Danube Region before the final adoption of the strategy by the European Commission, on December 8.

18 October 2010

Two expats have joined the Penny Market management board. Frank Wagner is the company's new general manager for Romania, replacing Marcel Thiele, who had been running the company for the last four years. Frank Wagner was promoted from the Chief Operational Officer position.

18 October 2010

The Romanian chapter of the Association of French Abroad (UFE – L’Union des Francais de l’Etranger) organizes a 70s-80s party on Saturday, October 30, from 20,00 hours, at the Embassy club in Lahovari square.

18 October 2010

Jazz singer Sorin Enea will perform on Thursday, October 21st, at the Fourteen bar (14 Benjamin Franklin St.) in Bucharest. The Sorina Enea & friends concert will start at 21,00 hours. Call 0730 472 233 or email revolutionsquare@fourteen.ro for advance bookings and table reservations.

18 October 2010

A photo exhibition titled 'In Search of the Lost Bucharest' will take place on Wednesday, October 20, from 17,30 hours, at the Fabrica Club (50, 11 Iunie Street). The exhibition is organized by the Resource Center for Public Participation (CeRe) and its partners, “Save Bucharest” Association and “Bucharest – pro urbe” Association.

18 October 2010

The Fitto Cafe is on Calea Floreasca at the corner of Ion Muntenescu St. A very modern design with lime green covers on stainless steel chairs, dark wooden table and funky lamp shades gives it a very clean fresh feel.

18 October 2010

Three Kenyan runners won the Bucharest City Marathon which took place in Bucharest on Sunday, October 17. Duncan Koech came first in the race, followed by James Cheruiyot and by John Maluni Katio on the third position. The women race was won by a runner from Belarus, Svietlana Konhan.

18 October 2010

Employees of Romania’s state-owned subway company Metrorex threaten to go on strike in December if their bonuses for special working conditions are eliminated from the company’s budget. Union leader Ion Radoi told a news conference Monday employees might trigger a work conflict mid-November and go as far as staging a full-blown strike if the Government lowers the company's budget or eliminates workers' bonuses for special conditions when it drafts the 2011 state budget.

18 October 2010

Oil and gas company Petrom has signed with Canadian company PetroSantander, which will undertake investments and perform services on behalf of Petrom in nine fields in the Arad area. This is the second such contract signed by Petrom, after recently partnering HuntOil in drilling in Eastern Romania. The partnership with PetroSantander will increase production by 50 percent in the fields in the next five years.

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